WINTON GROUP Ltd Takes Position in The Boston Beer Company, Inc. (NYSE:SAM)

WINTON GROUP Ltd bought a new position in shares of The Boston Beer Company, Inc. (NYSE:SAM - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 21,572 shares of the company's stock, valued at approximately $6,471,000. WINTON GROUP Ltd owned about 0.19% of Boston Beer at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of SAM. Blue Trust Inc. boosted its stake in shares of Boston Beer by 405.6% in the 4th quarter. Blue Trust Inc. now owns 91 shares of the company's stock valued at $26,000 after purchasing an additional 73 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of Boston Beer by 2,225.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 93 shares of the company's stock worth $28,000 after buying an additional 89 shares in the last quarter. GAMMA Investing LLC lifted its stake in shares of Boston Beer by 59.3% in the 4th quarter. GAMMA Investing LLC now owns 129 shares of the company's stock valued at $39,000 after acquiring an additional 48 shares during the last quarter. True Wealth Design LLC acquired a new stake in shares of Boston Beer during the 3rd quarter valued at $47,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Boston Beer during the third quarter valued at about $49,000. 81.13% of the stock is owned by institutional investors and hedge funds.

Boston Beer Trading Down 0.3 %

Shares of SAM traded down $0.82 during trading hours on Monday, reaching $238.55. The stock had a trading volume of 36,818 shares, compared to its average volume of 215,238. The company has a market capitalization of $2.68 billion, a price-to-earnings ratio of 35.13, a P/E/G ratio of 1.23 and a beta of 1.14. The firm has a 50-day simple moving average of $237.67 and a 200 day simple moving average of $274.25. The Boston Beer Company, Inc. has a 12 month low of $215.10 and a 12 month high of $339.77.

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Analyst Ratings Changes

A number of research analysts recently issued reports on SAM shares. Needham & Company LLC assumed coverage on shares of Boston Beer in a report on Friday, December 6th. They issued a "hold" rating for the company. Roth Mkm restated a "buy" rating and set a $349.00 price target (down previously from $389.00) on shares of Boston Beer in a report on Wednesday, February 26th. Morgan Stanley reduced their price objective on shares of Boston Beer from $290.00 to $270.00 and set an "equal weight" rating on the stock in a research note on Wednesday, February 26th. Piper Sandler lowered their target price on shares of Boston Beer from $275.00 to $240.00 and set a "neutral" rating for the company in a research note on Wednesday, February 26th. Finally, UBS Group cut their price target on shares of Boston Beer from $315.00 to $290.00 and set a "neutral" rating on the stock in a research report on Thursday, January 16th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $292.40.

Boston Beer Company Profile

The Boston Beer Company, Inc produces and sells alcohol beverages primarily in the United States. The company's flagship beer is Samuel Adams Boston Lager. It offers various beers, hard ciders, flavored malt beverages, and hard seltzers under the Samuel Adams, Twisted Tea, Truly, Angry Orchard, Dogfish Head, Angel City, and Coney Island brand names.